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PAROS - PARIKIA
Property Code: 527068
An exceptional commercial property of 228 sq.m. is offered for sale in the heart of Parikia, one of Paros’ most vibrant and sought-after locations. The property comprises a beautifully restored ground-floor residence of 136 sq.m., originally built in 1920 and fully renovated in 2017. In 2021, the current owners added a newly constructed 92 sq.m. first-floor residence, thoughtfully designed in accordance with traditional Cycladic architecture. Together, they create a harmonious blend of authentic Cycladic heritage and contemporary architectural excellence. The original building showcases the timeless character of a traditional Cycladic mansion, featuring thick stone walls, elegant arches, and preserved architectural details that reflect the island’s rich history. Complementing this heritage, the upper floor was designed according to modern construction standards, incorporating high-quality insulation and waterproofing, upgraded electrical and plumbing systems, wooden window frames, and all the comforts expected in a contemporary Cycladic residence. Thanks to its prime location and versatile layout, the property offers remarkable investment potential. It can be transformed into an exclusive boutique hotel, a stylish two-level restaurant, a venue for private events, a café or bar, or even a distinguished business center. Surrounded by flowers and greenery, while being just steps away from the commercial center of Parikia and close to public parking facilities, it enjoys both accessibility and charm. Set on a generous 420 sq.m. plot, the property benefits from extensive outdoor areas, including a spacious courtyard and a lush Mediterranean garden planted with olive trees, fruit trees, flowering shrubs, and colorful blossoms. Two decorative fountains create a tranquil atmosphere at the center of the courtyard, while a traditional well further enhances the property's authentic character. The ground floor offers flexible spaces that can be configured as guest accommodations or professional-use rooms. It currently includes one bathroom and two guest WCs, with the possibility of creating additional bathrooms to accommodate a larger hospitality operation. A fully equipped professional kitchen is also located on this level, featuring commercial-grade cooking and refrigeration equipment, all of which are included in the sale. This valuable infrastructure makes the property immediately suitable for restaurant, catering, boutique hotel, or other hospitality-related uses. Access to the upper floor is provided via a traditional external iron staircase leading to a welcoming terrace adorned with potted plants and flowers. Inside, a spacious kitchen with a large dining table forms the heart of the home, opening onto a bright and inviting living room with a fireplace and numerous windows that fill the space with natural light. At the far end of the apartment, a generous master bedroom enjoys its own en-suite bathroom and private terrace featuring a pergola-covered sitting area on a lower level. Every corner of the residence has been thoughtfully designed with exceptional taste and attention to detail, creating an atmosphere of warmth, comfort, and understated elegance. Whether envisioned as a hospitality venture, a refined commercial establishment, or a distinctive private residence, this unique property offers a rare opportunity to acquire an exceptional asset in the historic center of Parikia. Combining authenticity, functionality, and timeless Cycladic beauty, it captures the very essence of island living on Paros.
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| Floor area 0 : | 136 |
| Area condition : | Newly built |
| Level Use : | Sitting, Kitchen, Double bedrooms, Bath, Garden |
| Years of Operation 0 : | 6 |
| Input Height (cm) 0 : | 300 |
| Floor Strength kg/m2 0 : | 500 |
| Equipment Value 0 : | 80000 |
| Storehouse : | Yes, In the space |
| Storehouse (s.m.) 0 : | 6 |
| Elevator : | No |
| Floor : | Marble, Oak |
| Area configuration : | Many partitions |
| Double glazing : | Yes |
| Equipment : | Cooling - Heating, Fire safety system, Alarm system |
| Heating : | Individual, Air condition |
| Property status : | Newly built, Renovated, Good |
| Input Width (cm) 0 : | 200 |
| Previous use : | Sanitary, Residence |
| Fire detection : | No |
| Fire extinguishment : | No |
| Alarm : | Yes |
| Type Power : | Single phase |
| Natural Gas : | No |
| Beneficial Height 0 : | 320 |
| Renovation : | Complete |
| Number of WC 0 : | 2 |
| Level Separation : | Main |
| Area condition : | Newly built |
| Air conditioning : | Split air conditions |
| Kitchen : | Yes |
| Security door : | No |
| Floor height 0 : | 320 |
| Level Usage : | Sanitary |
| Refrigeration : | Split system air condition |
| Label Capability : | Yes |
| Position : | Facade, Densely populated area |
| Lawn : | No |
| Access : | Immediate |
| Security building : | No |
| Use Area : | Residential |
| Property type : | Autonomous building, Restaurant, Chimney capability, Cafe - Bar, Office |
| Type of Construction : | Conventional |
| Shared bills : | 1 |
| Plans - Contracts : | Layouts |
| Floor area : | 136 |
Example: Loan of €100,000, total duration 30 years. For the first three years, final interest rate 2.92% and for the remaining 27 years, final interest rate 4%. Indicative installment for the first three years ~€420 and for the remaining 27 years ~€500
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